Settings8H · net · $10k
Funding arb · Price arb /

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Vest against Pacifica+0.003%49s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Vest: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica COPPER6.80640.0100pay 0.0013% / 1h34m 38s$23K$14K10x
ShortVest HG-PERP6.80660.0046get 0.0006% / 1h34m 38s$82K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$11.41
Price spread: +0.003% → 0.000%
$0.26
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$21.14
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell Vest no order-book sample
Pacifica and Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COPPER on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COPPER-USDT−0.0014%4h6.8080+0.023%$88K$139K100xas long as short
tradeXYZ xyz:COPPER−0.0005%1h6.8030−0.050%$10.6M$5.0M20xas long as short
Aster XCUUSDT0.0000%4h6.8087+0.034%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8089+0.037%$9.1M$33.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8054−0.015%$497K$972K50xas long as short
Gate XCU_USDT0.0000%8h6.7940−0.182%$1.3M$522K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8090+0.038%$26.2M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8070+0.009%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8073+0.013%$734K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8090+0.038%$94K$2.3M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8100+0.053%$6.4M20xas long as short
HTX COPPER-USDT0.0000%4h6.8100+0.053%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8100+0.053%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8051−0.019%$177K250xas long as short
QFEX COPPER-USD+0.0003%1h6.8080+0.023%$1.5M$130K20xas long as short
edgeX COPPERUSDC+0.0014%4h6.8060−0.007%$94K$319K20xas long as short
Extended XCU-USD+0.0032%1h6.8056−0.012%$275K$2.3M20xas long as short
Vest HG-PERPshort+0.0046%1h6.8066+0.003%$82K25x
Phoenix COPPER+0.0047%1h6.8048−0.024%$45K$22K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8070+0.008%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8046−0.027%$4K$5K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8044−0.030%$57K$55K15xas long as short
Lighter XCU+0.0064%1h6.8178+0.167%$477K$42K20xas long as short
Pacifica COPPERlong+0.0100%1h6.8064long leg$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8090+0.038%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8160+0.141%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8089+0.037%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0108%1h6.8079+0.022%$34K$176K20xas long as short